Joint Venture Borouge
Borouge is Borealis’ joint venture with the Abu Dhabi National Oil Company (ADNOC). Its facility in Ruwais, Abu Dhabi (UAE) produces Borstar PE products for the infrastructure (pipe, wire and cable), automotive and advanced packaging markets. Borouge is the exclusive provider of the entire Borealis product line throughout the Middle East and Asia.
Officially opened in October 2002, this production facility is home to the first Borstar facility in the Middle East and Asia and hosts a 600,000 t/y cracker as well as two Borstar bimodal PE lines that produce up to 600,000 t/y.
In 2010, under the project name of Borouge 2, Borouge tripled the polyolefins manufacturing capacity of the plant in Ruwais, Abu Dhabi to 2 million tonnes per year. The US$ 4.5 billion investment includes an additional ethane cracker, a third polyethylene unit and two new polypropylene units.
With the Borouge 3 project, the company is expanding its petrochemical plant at Ruwais in Abu Dhabi to 4.5 million tonnes per year (t/y) by mid 2014.
Additional investments in logistics hubs and compounding manufacturing plants in Asia serve Borouge’s customers in the growing local markets.
Read more about this topic: Borealis
Other articles related to "joint, joint venture":
... BNSW joins Databank Systems Limited consortium to provide joint data processing services ... Government of Tonga (40%) established Bank of Tonga as a joint venture. 1977 BNSW formed Pacific Commercial Bank in Samoa as a joint venture with Bank of Hawaii, buying into Pacific Savings and Loan Company (est ...
... Global Network Services after the Concert joint venture company was launched on 15 June 1994 ... in computing) and BT attempted to launch a joint venture, called Jove, for managed SNA services in the UK ... allowed for BT's data services, PSS being the major part, as one concern of regulators was this joint venture might damage work on Open Systems Interconnection ...
Famous quotes containing the words joint and/or venture:
“No Government can be long secure without a formidable Opposition. It reduces their supporters to that tractable number which can be managed by the joint influences of fruition and hope. It offers vengeance to the discontented, and distinction to the ambitious; and employs the energies of aspiring spirits, who otherwise may prove traitors in a division or assassins in a debate.”
—Benjamin Disraeli (18041881)
“If I venture to displace ... the microscopical speck of dust... on the point of my finger,... I have done a deed which shakes the Moon in her path, which causes the Sun to be no longer the Sun, and which alters forever the destiny of multitudinous myriads of stars.”
—Edgar Allan Poe (18091849)